domestic airlines

FDI reform lifted mood in aviation industry: Ajit Singh


September 21st, 2012 - 5:40 pm ICT by IANS
New Delhi, Sep 21 (IANS) Civil Aviation Minister Ajit Singh Friday said the government's open-sky policy for foreign investment in domestic airlines has positively affected sentiments in the aviation industry, ... Read more...

Posted in Business |

Air passenger traffic falls for fourth straight month


September 18th, 2012 - 6:38 pm ICT by IANS
New Delhi, Sep 18 (IANS) Domestic air passenger traffic fell 3.70 percent for the fourth straight month in August, which stood at 43.69 lakh from 45.37 lakh travellers in July, ... Read more...

Posted in Business |

FDI in aviation boosts airlines’ stocks


September 17th, 2012 - 11:24 pm ICT by IANS
Mumbai, Sep 17 (IANS) Scrips of major domestic airlines soared Monday after the government allowed foreign investments by international airlines into domestic airline industry.Scrip of the cash-strapped Kingfisher Airlines touched ... Read more...

Posted in Business |

Aviation stocks rally on CCEA meet clearing FDI in airlines


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Aviation stocks rallied Friday as the cabinet committee on economic affairs (CCEA) is set to take up a proposal to allowing foreign airlines ... Read more...

Posted in Uncategorized |

Declare jet fuel a notified product to bring down prices: Ajit Singh


September 10th, 2012 - 3:00 pm ICT by IANS
New Delhi, Sep 10 (IANS) Civil Aviation Minister Ajit Singh Monday said he has urged the petroleum ministry to put aviation turbine fuel (ATF) on the notified product list ... Read more...

Posted in Business |

Singapore Airlines to launch daily flights to Myanmar


September 6th, 2012 - 1:16 pm ICT by IANS
Yangon, Sep 6 (IANS) Singapore Airlines (SIA) will launch daily flight services to Yangon from Oct 28 in a bid to fulfill the growing passenger demand in Myanmar, tourism authorities ... Read more...

Posted in South Asia |

Bureaucracy holding up Agra’s air connectivity?


August 30th, 2012 - 2:36 pm ICT by IANS
Agra, Aug 30 (IANS) The Kheria airport in Agra is ready to receive domestic airlines and international chartered flights ahead of a new tourist season beginning next month. But ... Read more...

Posted in Business |

Air India yet to decide on direct ATF import: Ajit Singh


August 28th, 2012 - 9:40 pm ICT by IANS
New Delhi, Aug 28 (IANS) Air India has not yet decided about importing Air Turbine Fuel (ATF) directly, Civil Aviation Minister Ajit Singh said Tuesday. The minister said this in ... Read more...

Posted in Business |

Air passenger traffic falls for third straight month


August 17th, 2012 - 7:06 pm ICT by IANS
New Delhi, Aug 17 (IANS) Domestic air passenger traffic fell 11.17 percent for the third straight month in July, which stood at 45.37 lakh from 51.08 lakh travellers in ... Read more...

Posted in Uncategorized |

Air passenger traffic falls for second straight month


July 18th, 2012 - 9:16 pm ICT by IANS
New Delhi, July 18 (IANS) Domestic air passenger traffic in June recorded a substantial fall of 3.84 percent at 51.08 lakh from 53.12 lakh in the corresponding month of 2011, ... Read more...

Posted in Business |

Regulator asks airlines not to increase fares


July 16th, 2012 - 8:28 pm ICT by IANS
New Delhi, July 16 (IANS) The aviation regulator Monday asked all airlines not to raise fares and keep ticket prices under the prescribed bands.The instruction came after reports surfaced that ... Read more...

Posted in Business |

DGCA reviews airlines’ safety


July 13th, 2012 - 8:59 pm ICT by IANS
New Delhi, July 13 (IANS) India's aviation regulator Friday reviewed the safety and operational performance of all the domestic airlines and asked the carriers to remove deficiencies and properly address ... Read more...

Posted in Business |

No plans to order closure of any airline: DGCA


July 12th, 2012 - 11:41 pm ICT by IANS
New Delhi, July 12 (IANS) The government Thursday said that it is not considering the closure of any airline.Dismissing allegations that aviation regulator E.K. Bharat Bhushan was removed at a ... Read more...

Posted in Uncategorized |

Aviation regulator directs airlines to rationalise fares


June 18th, 2012 - 8:45 pm ICT by IANS
New Delhi, June 18 (IANS) India's civil aviation regulator Monday directed all domestic airlines to check the exponential rises in air fares, even as demand declined in May by 0.87 ... Read more...

Posted in Business |

Air India recorded highest number of cancellations in May


June 18th, 2012 - 7:51 pm ICT by IANS
New Delhi, June 18 (IANS) Troubled Air India recorded the highest number of cancellations amongst all domestic carriers in May, official data revealed Monday.Data released by the aviation regulator, Directorate ... Read more...

Posted in Business |

Domestic airlines’ 2011-12 losses around Rs.10,000 crore


May 3rd, 2012 - 6:58 pm ICT by IANS
New Delhi, May 3 (IANS) The total operational losses of all domestic airlines, barring the budget carrier IndiGo, in 2011-12 is estimated to be around Rs.10,000 crore, Civil Aviation Minister ... Read more...

Posted in Business |

Domestic January-March air growth at 6.55 percent


April 18th, 2012 - 4:43 pm ICT by IANS
New Delhi, April 18 (IANS) The number of passengers carried by domestic airlines grew by more than 6.55 percent in the period between January to March 2012 and stood at ... Read more...

Posted in Business |

SpiceJet allowed to directly import ATF


April 18th, 2012 - 4:06 pm ICT by IANS
Mumbai, April 18 (IANS) SpiceJet Ltd has became India's first low-cost private airline to get government approval for importing aircraft turbine fuel (ATF) directly.The approval was granted by the Director-General ... Read more...

Posted in Business |

Decision on aviation FDI deferred for next cabinet meet


April 12th, 2012 - 9:40 pm ICT by IANS
New Delhi, April 12 (IANS) A key decision on foreign carriers picking up stake in domestic airlines was deferred Thursday at a meeting of the cabinet presided over by ... Read more...

Posted in World |

Myanmar to launch medical emergency flight charters


March 25th, 2012 - 7:56 pm ICT by IANS
Yangon, March 25 (IANS) A state-run domestic airline in Myanmar has plans to start medical emergency chartered flight services in a bid to facilitate patients during difficult times, a local ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds (Second Lead)


March 16th, 2012 - 9:49 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Budget proposes allows airlines to access foreign funds


March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee Friday proposed to allow domestic airlines to ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds, cuts customs duty on parts (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Ajit Singh carries aviation woes to PM


March 13th, 2012 - 6:39 pm ICT by IANS
New Delhi, March 13 (IANS) Civil Aviation Minister Ajit Singh Tuesday discussed with Prime Minister Manmohan Singh "many issues" afflicting the airline industry.The meeting assumes significance as the government ... Read more...

Posted in Uncategorized |

Odisha seeks improvement of aviation infrastructure


March 9th, 2012 - 11:50 pm ICT by IANS
Bhubaneswar, March 9 (IANS) Odisha Chief Minister Naveen Patnaik Friday met Civil Aviation Minister Ajit Singh in New Delhi and asked him to take necessary steps for improvement of the ... Read more...

Posted in Business |

Hyderabad international airport bags award


February 29th, 2012 - 9:28 pm ICT by IANS
Hyderabad, Feb 29 (IANS) For the second time in a row, the GMR Hyderabad International Airport Ltd. (GHIAL) has been awarded the prestigious National Tourism Award 2010-11 under the ... Read more...

Posted in Uncategorized |

‘Proposal for FDI in domestic carriers sent to commerce ministry’


February 23rd, 2012 - 4:13 pm ICT by IANS
New Delhi, Feb 23 (IANS) A proposal has been sent to the commerce ministry to permit foreign carriers invest in India's cash-strapped private airlines, Civil Aviation Minister Ajit Singh ... Read more...

Posted in Business |

Government rolls out plan to help domestic airlines (Roundup)


February 7th, 2012 - 8:39 pm ICT by IANS
New Delhi, Feb 7 (IANS) To help cash-strapped Indian airlines, a group of ministers (GoM) led by Finance Minister Pranab Mukherjee Tuesday rolled out a plan for the carriers ... Read more...

Posted in Business |

Aviation stocks rally after direct jet fuel import allowed


February 7th, 2012 - 5:06 pm ICT by IANS
Mumbai, Feb 7 (IANS) Scrips of three listed domestic carriers -- Jet Airways, Kingfisher Airlines and SpiceJet -- rallied after the government Tuesday allowed airlines to import jet fuel ... Read more...

Posted in Business |

Government approves direct jet fuel import, Air India debt plan (Lead)


February 7th, 2012 - 4:00 pm ICT by IANS
New Delhi, Feb 7 (IANS) An empowered group of ministers (EGoM) led by Finance Minister Pranab Mukherjee Tuesday allowed domestic airlines to directly import fuel and approved Air India's ... Read more...

Posted in Business |

Government allows direct jet fuel import, Air India debt plan


February 7th, 2012 - 2:57 pm ICT by IANS
New Delhi, Feb 7 (IANS) An empowered group of ministers (EGoM), led by Finance Minister Pranab Mukherjee, Tuesday allowed domestic airlines to directly import aviation turbine fuel and approved ... Read more...

Posted in Business |

China bars airlines from paying EU carbon emission charge


February 6th, 2012 - 1:53 pm ICT by IANS
Beijing, Feb 6 (IANS) China's airlines are not allowed to pay a charge on carbon emissions imposed by the European Union (EU) nor are they allowed to hike freight or ... Read more...

Posted in Business |

Cabinet may consider FDI by foreign airlines before budget


January 31st, 2012 - 8:39 pm ICT by IANS
New Delhi, Jan 31 (IANS) The civil aviation ministry's proposal to allow foreign capital by international airlines in cash-strapped domestic carriers may come up for the cabinet's approval before ... Read more...

Posted in Business |

FDI in aviation may give flight to domestic airlines


January 22nd, 2012 - 12:39 pm ICT by IANS
New Delhi, Jan 22 (IANS) Operating through a tough financial environment, Indian carriers see a ray of hope in the government proposal to allow foreign airlines to invest funds ... Read more...

Posted in Business |

GoM to look into foreign capital in domestic airlines


January 13th, 2012 - 10:24 pm ICT by IANS
New Delhi, Jan 13 (IANS) A group of ministers (GoM) is expected to meet next week to look into the demands raised by some of the major airlines to ... Read more...

Posted in Business |

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